RE:Financing Announced!And prior to the financing Mr Brown continued his buying spree of Avrupa shares. His buys on
Oct 4 & 5, (below), are the largest public-market insider buys in the companies history. On Oct 5th he paid 10% more than the price in today's financing, in which he is almost certainly one of the insiders who "may be participating". Mark Brown's massive buying is the best indicator of the value in Alvalade and the results we will see in the coming drill program. The most exciting suggestion in the Oct 11th NR was that drilling results could "potentially attract other exploration partners." I HOPE SO. It is shocking and inexplicable that the "major international mining company" they had a L.O.I. with on March 5th has not closed on the deal. Avrupa would have gotten more than $1.5 million from exercise of 10 million July 2018 warrants at $0.15, if this international company had closed the deal in a timely manner - any large mining company "acting in good faith" should have been able to close within 8 monthsof an LOI ! Avrupa should tell them to "s... or get off the pot" !
Oct 15/18 | Oct 5/18 | Brown, Mark Thomas | Control or Direction | Common Shares | 10 - Acquisition in the public market | 110,000 | $0.055 |
Oct 15/18 | Oct 4/18 | Brown, Mark Thomas | Control or Direction | Common Shares | 10 - Acquisition in the public market | 320,000 | $0.050 |